Current Use by Public Records
- 19th At Battle Creek Clubhouse / Restaurant
- Subway / Take-out & Catering
- Spin City Laundromat / (Bike/Boat/Book/etc) Store
- ATM / Atm
Property Details for 5765 Commercial St
- Year built
- 2006
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
This 9,290 square foot strip center, built in 2006, offers multiple tenancy options in Salem, Oregon. Currently, 3,765 square feet are vacant, divisible into units ranging from 1,320 to 2,445 contiguous square feet. The property sits on a 2.16-acre lot at 5765 Commercial St SE, 97306, boasting high visibility and traffic due to its location less than a mile from I-5 and a signalized intersection with dual entrances. An inline space of 1,320 square feet and a corner suite (approximately 800-1,000 square feet) are available and can be easily combined. The property's ideal location is further enhanced by its proximity to a mixed-use development slated for completion in 2023, which will include approximately 70 apartment units and 5,000-10,000 square feet of additional retail space. This prime location is suitable for a variety of businesses, including retail, banking, or fast food establishments. The property offers excellent accessibility and high traffic counts, making it an attractive opportunity for businesses seeking a prominent presence in a growing area.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Yamhill
- State
- Oregon
- Longitude
- -123.023
- Latitude
- 44.8704
